MTNL shares rise 29% in four sessions; what’s fuelling the telecom stock rally?
On Tuesday, MTNL shares ended higher for the fourth straight session at ₹53.35, up 8.9% on the BSE, with a mcap of ₹3,361 crore.
On Tuesday, MTNL shares ended higher for the fourth straight session at ₹53.35, up 8.9% on the BSE, with a mcap of ₹3,361 crore.
BSNL has an asset base spread over the country, while MTNL properties are located in Delhi and Mumbai.
TRAI data shows as of July 31, 2022, Reliance Jio's market share was 36.23% and commanded the largest wireless subscriber base of 41.5 cr.
TRAI data shows MTNL, BSNL, and cash-strapped Vodafone Idea continuing their losing streak; wireless subscribers up by 1.9 mn in June
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